Member Company Profile

Lydian International

LYD:CN|Last Price: USD 0.13|Market Cap: USD 96.50 M

USD 0.05        USD 0.21


Gold Price: $1,500.30|Silver Price: $17.06|Platinum Price: $846.00|Palladium Price: $1,461.00|Gold:Silver: 87.9


Status: Developer|Primary Mineral: Gold|Primary Country of Operation: Armenia


Last Updated: August 21, 2018

  Print Profile

IR Contact

Pamela Solly
+1 720 464 5649
[email protected]
www.lydianinternational.co.uk

Address

In Care of Lydian U.S. Corporation, 5655 South Yosemite Street, Suite 400
Greenwood Village, CO 80111
United States

Cautionary Information

© Copyright 2019, Denver Gold Group & Lydian International.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Lydian is a gold developer focusing on construction at its 100%-owned Amulsar Gold Project, located in south-central Armenia. Amulsar will be a large-scale, low-cost operation with production targeted to average approximately 225,000 ounces annually over an initial 10-year mine life. Open pit mining and conventional heap leach processing contribute to excellent scale and economic potential. Estimated mineral resources contain 3.5 million measured and indicated gold ounces and 1.3 million inferred gold ounces as outlined in the Q1 2017 Technical Report. Existing mineral resources beyond current reserves and open extensions provide opportunities to improve average annual production and extend the mine life. Lydian is committed to good international industry practices in all aspects of its operations including production, sustainability, and corporate social responsibility.

Value Drivers
  • Large Scale Deposit - Estimated Measured + Indicated Resources 3.5 M gold ozs (142 Mt @ 0.76gpt) and Inferred Resources 1.3 M gold ozs (72 Mt @ 0.55gpt).
  • Conventional Open Pit Mining and Heap Leach Processing - High Gold Recovery, and Low Strip ratio.
  • Low AISC of $579 / gold oz.

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101 , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Resource Capital Funds
  • Orion Mine Finance
  • Franklin Resources
Management
Chairman: Gordon Wylie
CEO: João Carrêlo
CFO: Douglas Tobler
COO: Andrew Kaczmarek
Managing Director, Lydian Armenia: Hayk Aloyan
More Detail
Capital Structure
Common Shares Outstanding: 755,633,452
Float (%): 22.00
Fully Diluted Shares: 755,633,452

IR Contact

Pamela Solly
+1 720 464 5649
[email protected]
www.lydianinternational.co.uk

Address

In Care of Lydian U.S. Corporation, 5655 South Yosemite Street, Suite 400
Greenwood Village, CO 80111
United States

Cautionary Information

© Copyright 2019, Denver Gold Group & Lydian International.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.